SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Audio and Radio on the Internet- NAVR -- Ignore unavailable to you. Want to Upgrade?


To: stiltz1 who wrote (9321)2/28/1999 3:37:00 PM
From: DAVID C. DeANGELIS  Read Replies (2) | Respond to of 27722
 
stiltz1, & all PLEASE READ ALL OF THIS, THANKS
If you want to have any kind of impact change the time of your planned buying and send PRIVATE MESSAGES to everyone involved.
Also consider that if everyone puts their $ into this who's going to be buying after the S-1 is filed? I would rather put an effort into sustaining the big gap that i'm sure we'll get with the S-1 than cause a little blip before it. If NAVR gaps and holds it throughout the day it will gap again the following day for 3 main reasons.

1) shorts are more likely to get forced buy-ins the next morning if NAVR holds the gap up and closes strong the day of the S-1

2) momentum momentum momentum, everyone loves it and will jump on for the ride if it stays strong

3) & most important> day traders, which will come in huge numbers with the S-1, will be more likely to hold through the close if NAVR's price stays strong throughout the day. This will cause the SUPPLY OF NAVR to be VERY SCARCE the day after the S-1 is filed BEFORE THE OPEN causing a HUGE GAP. This will happen because the vol of NAVR on S-1 day will be huge with the float turning over 2 or 3 time easily.

THERE WILL BE NO SUPPLY TO GO LONG OR SHORT THE DAY AFTER THE S-1 PREMARKET and we will see action similar but perhaps even more pronounced to when we spiked to 27

Lets maintain the price the day of the S-1 whenever that is, BE PAITIENT, that is the day to focus on

DC



To: stiltz1 who wrote (9321)2/28/1999 3:41:00 PM
From: Troy Nolan  Respond to of 27722
 
The comment that us all buying at a certain time is kind of bothersome to me ... here are my reasons...

1) Dramatic reduction of short interest ... we wont be making as big of squeeze as we think ... infact the reduction of the short interest is a reason _NOT_ to do this ...

2) We would be causing a _short_ term price blip ... we'd have to time this pretty precisely with the IPO announcement to cause any significant run up ... and if we knew the precise day of the IPO, we wouldnt be playing this game at all :)

3) The calculation about having 1000 shares ant $16 and forcing the stock up to $17 ... an increase in value in our core holdings ... huh?? Try to get some of that value out(sell) and you will force the price right back down ...

4) Is this Legal?? Acting in concert like this to try and manipulate the price of the stock?? ... I know, the argument of MM doing this all the time ... but do we stoop to that level??

To sum up ... I'm not too sure this is well thought thru ... I can understand the frustration of having to wait this long, I've been long for a few months now and wondering weather the IPO will be botched is certianly starting to frustrate me ... but the short term blip we would cause would be hardly even noticeable .. and would evaporate before it would buys us anything ... granted if trying to piss off a MM is worth it then that is entertainment value :)

... I'm not on the bench ... I'm sitting on the ground next to it ... I don't fit the required # of posts to be benchwarming :)

Respectfully,
Troy.